General Motors Adjusts Earnings Forecast Amid Tariff Pressures
In a surprising turn of events, General Motors has revised its 2025 earnings guidance downward, attributing the adjustment to potential impacts from newly announced US tariffs. The automotive giant now anticipates EBIT-adjusted profits to range between $10 billion and $12.5 billion, with net income projected from $8.2 billion to $10.1 billion.
CEO Mary Barra Addresses Shareholders
Mary Barra, GM's CEO, emphasized the company's commitment to adaptability and ongoing discussions with the administration regarding trade policies. "We remain dedicated to navigating these challenges with agility and will keep our stakeholders informed as developments unfold," Barra stated in her communication to shareholders.
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